601 E Main St | Trinidad, CO 81082
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601 E Main St
Trinidad, CO 81082
Main St. Manor · Multifamily Property For Sale
·
21 Units
Investment Highlights
- 5-year levered IRR projected at 28% with cash-on-cash up to 16.7%, in-place 7.1% and Pro Forma 8.4% Cap Rates respectively.
- Colorado’s newest and second largest state park, Fishers Peak, spans more than 19,200 acres and serves as a cornerstone of outdoor recreation.
- Average rent of $903 is an $850 monthly discount to ownership, sustaining renter demand.
Property Facts
| No. Units | 21 | Lot Size | 0.80 AC |
| Property Type | Multifamily | Building Size | 15,688 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1948/1980 |
| Building Class | C | ||
| Zoning | Residential | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.80 AC |
| Building Size | 15,688 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1948/1980 |
| Zoning | Residential |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 700 |
| 2+1 | 11 | - | 850 |
Property Taxes
| Parcel Number | 10899500 | Improvements Assessment | $53,140 |
| Land Assessment | $7,070 | Total Assessment | $60,210 |
Property Taxes
Parcel Number
10899500
Land Assessment
$7,070
Improvements Assessment
$53,140
Total Assessment
$60,210
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